Thread: For seniors
View Single Post
  #14  
Old 05-10-2023, 05:40 AM
rand1com rand1com is offline
R@ndy Hart.soe
 
Join Date: Nov 2019
Posts: 1,160
Default

Unless you have a collection that is worth a lot of money(half a million or more in real value), I would just keep collecting.

However, I would have a way for your loved ones to liquidate the collection upon your death that is pre-planned.

Obviously, high end stuff should go to major auction houses to be sold. Just leave a list of who they should use with contact information.

The problem is that most collectors have a lot of lesser items that have significant cumulative value but is not material for auction houses. This stuff normally just gets given away for a pittance of the true value. You should have a wholesale dealer who buys collections like this and pays a fair price knowing that they have to make money on it and leave that contact for your family.

Most senior collectors still enjoy their collections.

Unless the amount of value would truly change your loved ones lives for the future, I say enjoy it to the grave.
Reply With Quote